Real Estate Principles Practice Question

Question

An agent notices a possible issue before a contract is signed in a New York real estate transaction involving easements. Which answer best reduces transaction risk? (Item 15)

Answer choices

1. A. A licensee may give legal conclusions instead of recommending qualified legal advice when the issue is uncertain.
2. B. A verbal understanding always replaces any written requirement in a real estate transaction.
3. C. Recognize rights to use another parcel and how easements affect title and disclosure.
4. D. The licensee should avoid documenting the issue to reduce the chance of later questions.

Correct Answer

C. Recognize rights to use another parcel and how easements affect title and disclosure.

Explanation

The correct answer is C because easements requires candidates to recognize rights to use another parcel and how easements affect title and disclosure. The other options rely on unsafe assumptions about custom, oral agreement, escrow, client preference, or independent salesperson authority and do not reflect sound New York exam practice.

Question details

• Difficulty: medium
• Domain: Real Estate Principles
• Objective: easements

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